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Hello BP family, Just looking for any advice and or experiences with buying a turnkey property with a tenant already in place. Thank you.
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I dont have much experience, but i know how to analyze deals. I dont want to wholesale Residential SFR houses.Is it reasonable to start with 5-16 units?
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Below is mortgage history data for a property: The property was sold in 2004 and purchased by current owner for $248,000. It looks like there was a mortgage for $173,600. It looks like the owner put down a 30% down pa...
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Hi guys. My partner and I have a hard money loan on a property we are flipping. We are both 50/50 owners of the llc the property was purchased under. We both personally guaranteed the loan. Loan was for 90% percent of...
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Hello All,I own 3 short term rentals that I self manage and I Also own another business where I earn my w2 income working full time.My question is from my understanding, I cannot use my passive income expenses to offs...
Question for seasoned developers.
My partner and I develop in the Los Angeles area and we are currently building our first project on hillside downward slope.
With that said we looked at another lot today but it i...
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Hi, Has anyone been in the Commercial Property Advisor program?
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After our last tenant moved out, I reflected on how she left the property (it was not good) and how through the 2 years she lived there, she violated the lease several times (unauthorized occupant, changed locks, e...
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I am looking at a deal where the property had an underground oil tank removed and the soil test shows mild contamination. The seller is re-mediating. One realtor advised me against getting involved because I intend to...
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Hi BP!Yesterday, I got a default judgment on a 2-count eviction (for nonpayment AND for a confrontation with the property manager involving the police). Today, I found out that they filed for bankruptcy protection. My...